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SUPR Supermarket Income Reit Plc

72.70
0.40 (0.55%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Supermarket Income Reit Plc LSE:SUPR London Ordinary Share GB00BF345X11 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.40 0.55% 72.70 72.30 72.70 73.40 72.30 73.00 2,586,232 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 101.76M -144.87M -0.1162 -6.22 901.03M

Supermarket Income REIT PLC Agreed rent review (4732X)

30/04/2019 7:00am

UK Regulatory


Supermarket Income Reit (LSE:SUPR)
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From Apr 2019 to Apr 2024

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TIDMSUPR

RNS Number : 4732X

Supermarket Income REIT PLC

30 April 2019

SUPERMARKET INCOME REIT PLC

(the "Company")

LEI: 2138007FOINJKAM7L537

Agreed rent review on Tesco extra cumbernauld

Supermarket Income REIT (LSE:SUPR), the UK supermarket real estate investor, announces that the annual rent review at its Tesco Extra in Cumbernauld has been concluded, resulting in an RPI increase of 3.3%. As a result of the review, the rent increased from GBP2,936,121 to GBP3,032,178 as of March 2019.

Including the review and the recent acquisition of a Tesco Extra in Mansfield, total passing rent for the Supermarket Income REIT portfolio is GBP19.2 million.

Ben Green, Director of Atrato Capital, the Investment Adviser to Supermarket Income REIT, said: "The conclusion of this rent review further underlines the attractive, RPI-linked rent reviews that are a feature of all our leases".

For further information, please contact:

   Atrato Capital Limited                                  +44 (0)20 3790 8087 

Ben Green

Steve Windsor

Steve Noble

   Stifel Nicolaus Europe Limited                   +44 (0)20 7710 7600 

Mark Young

Neil Winward

Tom Yeadon

   Tavistock                                                          +44 (0)20 7920 3150 

Jeremy Carey

James Whitmore

James Verstringhe

NOTES TO EDITORS:

Supermarket Income REIT plc is listed on the London Stock Exchange. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term RPI-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

April 30, 2019 02:00 ET (06:00 GMT)

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